Nominal Value - The value determined by the denomination of money, Real Value - The value determined by the purchasing power of money,, Intrinsic Value - The value of money used for purposes other than as a medium of exchange, Fiat Money - Its face value is higher than its intrinsic value, and it is not convertible into any valuable goods., Legal Tender - The currency declared by the government as money and used for settling transactions and debts, Commodity Money - Money which is a commodity itself, Representative Money - Convertible into commodity money of the same face value,

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